| ID | 152938 |
| Title Proper | Service sector in the free-trade agreement between the EU and Singapore |
| Other Title Information | closing the gap between policy and business realities |
| Language | ENG |
| Author | Alvstam, Claes G ; Ström, Patrik ; Erja KettunenPatrik Ström ; Erja Kettunen |
| Summary / Abstract (Note) | The aim of this paper is to investigate how new rules and practices in multilateral, regional and bilateral trade negotiations related to the services industries can be adopted and implemented at the business level, using the recently concluded free-trade agreement (FTA) negotiations between the EU and Singapore as an illustrative case. The purpose is to put the services sector into the larger framework of business service interaction between the EU and the outside world by identifying crucial sub-sectors within the services industries and their relations to physical, ‘visible’ production and trade. Furthermore, to assess the prospects of ‘multilateralising’ regional trade agreements within the service sector, through the ambitions by both parties to make bilateral and interregional FTAs and EPAs more compatible and mutually comparable with the multilateral GATS’ rules. The EU-Singapore FTA is an agreement that became a ‘second-best’ solution of the stalled interregional EU-ASEAN negotiation, taking place 2006–2009. It can nevertheless be seen as a ‘WTO-plus’ endeavour, since it aims at reaching beyond what is under negotiation in the likewise stalled Doha Development Agenda within the WTO framework, particularly in the fields of business services, public procurement, intellectual property rights, trade-related investment measures, and, generally, competition rules. Since both parties already apply low or zero tariffs in most sectors of manufacturing, the main issues in the negotiations were related to services in general and knowledge-intensive business services in particular, with an emphasis on technical barriers to trade. |
| `In' analytical Note | Asia Europe Journal Vol. 15, No.1; Mar 2017: p.75–105 |
| Journal Source | Asia Europe Journal Vol: 15 No 1 |
| Key Words | EU ; Singapore ; Service Sector ; Free-Trade Agreement |